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Boutique Retail Space
New
For Lease
$46 SF/Yr

118 NW 79th St, Miami, FL 33150

Compact commercial space suited to boutique retail, office/flex, personal services, or small showroom use.

Space Size643 SF
Days on Market6

Property Features for 118 NW 79th St

General Information

Standard status Active
Size 643 SF
Net Rentable 643 SF
Property subtype Commercial

Space & Availability

Available Space 643 SF
Contiguous Space 643 SF

Building Details

Year Built 1937
Listing Agency: GRIDLINE PROPERTIES
Listed By: ALFREDO RIASCOS · License #A12077426
Source: Corcoran
Added: Aug 25 Changed: Aug 29 Last Checked: Aug 29 at 7:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GRIDLINE PROPERTIES

Investment Insights

Based on property information with market context.

This 643-square-foot retail space was built in 1937 and is located at 118 NW 79th St in Miami. The property is positioned along NW 79th Street within the Little River corridor, with walkability and visibility identified as notable characteristics of the setting.

The space is being offered for a focused range of commercial applications, including boutique retail, office/flex, personal services, and small showroom use. Its location places it within a corridor associated with independent makers, creative studios, and specialty retailers, while connecting the Upper Eastside, Design District, and Little Haiti areas.

Key Highlights

  • 643 SF retail space
  • Located at 118 NW 79th St, Miami, FL 33150
  • Built in 1937

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Locksmith (Bike/Boat/Book/etc) Store Butcher Electrical Service Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$6.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,744
Businesses Nearby

Demographics for 33150, FL

28,703
Population
12,403
Households
2.3
Avg Household Size
37
Median Age
14%
College-Educated
75%
High-School Grad
3.5 sq mi
ZIP Area
8,201
Density / Sq Mi
$40,802
Median Household Income
$32,359
Median Earnings
$1,179
Median Rent
$377,700
Median Home Value

Market

Lease Benchmarks for Miami, FL

$37.95 /SF/Yr
Avg Asking Price
$1.73–$129 /SF/Yr
Price Range
5,585 SF
Avg Space Size

This space is priced 21% above the average of $37.95 /SF/Yr.

Vacancy Rate% for Retail in Miami, FL

3.5% 2019
4.3% 2020
3.3% 2021
2.9% 2022
3.1% 2023
2% 2024
2.7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Compact commercial space suited to boutique retail, office/flex, personal services, or small showroom use.
Where is this retail space located?
The property is located at 118 NW 79th St Miami, FL.
What is the lease rate?
The lease rate is $46 SF/Yr.
What are key features of this property?
This property features: 643 SF retail space; Located at 118 NW 79th St, Miami, FL 33150; Built in 1937
More about this property
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